For the month of February 2002, the airline’s load factor was 72 percent, a 6.3 percent decrease from the same period in February 2001. Revenue Passenger Miles (RPM) of 265,763 decreased 6.2 percent for the month over the same time period in year 2001 while Available Seat Miles (ASM) increased 2.2 percent to 369,116. “Spirit predicts a consistent rebound in airline traffic in the next few months and we are pleased to maintain solid load factors while increasing capacity system-wide,” said Ned Homfeld, chairman and founder of Spirit Airlines.

In early February, Spirit announced new and expanded service beginning May 9 including new service to Denver, Colo.

“We anticipate Spirit’s traffic to be positively impacted as we have already experienced more than a 10 percent monthly increase in load factor from January 2002 to February,” continued Homfeld.